$MDT is currently positioned in a bearish market structure, trading at 0.01404 USDT.
With a low RSI of 26.03, this suggests potential oversold conditions.
A breakout strategy could be viable if MDT breaches the resistance level at 0.01507 USDT.
Conversely, a pullback entry around the support level of 0.01382 USDT could also be considered.
However, keep an eye on Bitcoin's movements and macroeconomic events that may affect volatility.
